Recap More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low.
Outlook Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain the move, we get the next one immediately. Not the time to be a hero to trade in the current environment.
Lawrence's Comment
Recap
Euro attempted to go lower yet not able to break Y-1. Cleared Y-0 right after yet not able to push higher. Consolidation actions until NFP Friday that led to ...
Lawrence's Comment
Recap
Dow held up at top zone around Y+1. Event driven breakout gave us 100% expansion off the tight range. Closed the week above Y+1 and midpoint.
Outlook
Test of ...
EURUSD Jun 13 to Jun 17 Outlook
Lawrence’s Comment
More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low.
Outlook
Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain the move, we get the next one immediately. Not the time to be a hero to trade in the current environment.
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